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MiniMax · MiniMax
MiniMax M2.
MiniMax M2 is a MiniMax model, listed on 26 October 2025. It takes text and returns text, with a 204,800-token context window.
- Open weights
- 205k context
Specification
- Provider
- MiniMax
- Family
- MiniMax
- Listed
- 26 October 2025
- Catalogue id
- minimax/minimax-m2
- Context window
- 204,800 tokens
- Maximum output
- 131,072 tokens
- Inputs and output
- Text in; text out
- Capabilities
- Tool calling and adjustable reasoning
- Weights
- Published: MiniMaxAI/MiniMax-M2
- Listed price
- $0.255 input, $1.02 output per million tokens
Provider-published specifications as of 30 October 2026, not figures we measured. Model families move quickly — check the provider's own documentation before committing to a number.
Source: MiniMax M2 in the OpenRouter catalogue, checked weekly. Confirm current terms in MiniMax's own documentation before you commit.
What it costs
Price the whole answer.
Illustrative calculation at listed rates: a batch of 10 million input tokens and 1 million output tokens costs $3.57 on MiniMax M2. A thousand requests of 2,000 input and 500 output tokens each costs $1.02. Calculation: input millions × input rate + output millions × output rate; it excludes reasoning tokens, retries, tools, tax and review time.
Compare cost per accepted result, not per token: replay the same work on two or three candidates and count the answers you would actually ship. Our model-routing approach sends each request to the cheapest model that passes.
THE REST OF THE FAMILY
Other MiniMax models.
Every MiniMax model in the catalogue. Our MiniMax page covers where the family fits and how we evaluate it.
| MiniMax M2 open | 26 Oct 2025 | — | — | 205k | $0.255 | $1.02 |
|---|---|---|---|---|---|---|
| MiniMax M3.1 Flash open | 19 Oct 2026 | 28.9 | 111 | 1.05M | $0.075 | $0.300 |
| MiniMax M3 open | 1 Jun 2026 | 18.7 | 110 | 1.05M | $0.300 | $1.20 |
| MiniMax M2.7 open | 18 Mar 2026 | — | — | 205k | $0.300 | $1.20 |
| MiniMax M2.5 open | 12 Feb 2026 | — | — | 205k | $0.300 | $1.20 |
| MiniMax M2.1 open | 23 Dec 2025 | — | — | 205k | $0.300 | $1.20 |
| MiniMax M1 | 17 Jun 2025 | — | — | 1M | $0.550 | $2.20 |
| MiniMax-01 open | 15 Jan 2025 | — | — | 1M | $0.200 | $1.10 |
Intelligence and coding: Artificial Analysis indices at the model's best reasoning setting, and its measured output speed. Context and prices: the OpenRouter catalogue list price in USD per million tokens. Released: the provider's date where Artificial Analysis records one, otherwise the date the catalogue first listed it. Refreshed weekly; not measured by QQuantum.ai. Select a heading to sort.
Questions
Questions about MiniMax M2.
When was MiniMax M2 listed?
MiniMax M2 was listed on 26 October 2025 in the OpenRouter catalogue; the provider's own announcement may predate it.
What is the context window of MiniMax M2?
204,800 tokens, with up to 131,072 output tokens per response, as listed in the OpenRouter catalogue on 30 October 2026. A long window is not the same as reliable recall across it; evaluate retrieval on your own documents.
How much does MiniMax M2 cost?
The catalogue lists $0.255 per million input tokens and $1.02 per million output tokens (checked 30 October 2026). MiniMax's own rates, batch discounts and cloud marketplaces can differ.
Can MiniMax M2 run on our own hardware?
Its weights are published (on Hugging Face as MiniMaxAI/MiniMax-M2), so it can be self-hosted subject to its licence. Check the licence and size the serving stack before buying hardware.
